Why Nostr? What is Njump?
2024-06-21 13:44:55
in reply to

Brunswick on Nostr: I see your point of how physical money doesen't scale with the speed of information, ...

I see your point of how physical money doesen't scale with the speed of information, and that democracy depends on communities remaining small, but I don't see the connection between speed of settlement and democracy failure.
Our information systems, traditional media, education, entertainment are captured by the state. I think there is little argument against this assertion. The state not only works to supress information, but they actively work to destroy thought itself with counterintelligence to prevent democracy. Whatever mass movement there develops for reform of the state, is seen as insurgency by the state, and the movement is crushed through the soft power of control over information. They buttress trust "in the system" in part through developmemt, influence and brainwashing of trusted public figures, and feeding supressed truths that harm this trust through discredited channels.
If the primary channels of information that is consumed by the majority of a democracy are controlled by the state, how can improving monetary settlement speed reverse this trend?
Author Public Key
npub1c856kwjk524kef97hazw5e9jlkjq4333r6yxh2rtgefpd894ddpsmq6lkc